Joe Liro Quotes

The investor will be sensitive to any signs that the sharp spike in energy prices is going to derail the consumer sector, the overall economy and corporate profit growth in the fourth quarter.

- Joe Liro

Tags

Investor | Sensitive | Signs | Sharp | Spike |

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Fear of higher rates and higher Treasury yields are the main factors driving markets these days. We've been used to low rates for such a long time that now it seems the market was caught by surprise with yields at these levels. We might see less borrowing and less spending as a result. - Joe Liro

There's going to be massive reconstruction in the Gulf region in a couple of months. And that is going to generate a lot of business and gains for the companies involved in the effort. - Joe Liro

The consensus going into the quarter was that earnings were going to (rise) somewhere north of 10 percent and they have handily beat expectations. - Joe Liro